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Tuesday, April 24, 2007

Counterfeiting for You; Moneymaking Venture for Them

This story begins with a couple: Sam and Mary. They’re a nice couple, with a relatively comfortable life, and a nice business. They probably do a few things differently than the average person, but all-in-all they are good, hardworking people. They don’t pay bills like you or me, every so often they get extended a line of credit by an unknown creditor and they pay him/her back plus interest. Now their costs have gone up because not only do they have to pay the principle, but now they have an interest payment, to boot. But it doesn’t matter to Sam and Mary, because they will put the burden on the workers to work harder and sell more products and services to cover this interest payment. Sam and Mary have the money in the bank. So why are they subjecting themselves, the workers and their business to an extra payment and extra hours of unnecessary hard work? Oh I forgot to tell you, the creditors are Sam and Mary’s secret friends and they just wanted to help their friends along in business, besides it isn’t costing them anything. The workers are working harder; Sam and Mary’s bottom line isn’t affected. Bad business practice you might be thinking? Well this is actually an allegorical account of a real-life situation. Sam and Mary are actually the United States Government, the creditors are the owners of the Federal Reserve Bank, and the workers are the average working citizen. This is America post-1913, when the Federal Reserve Act was passed by the Congress and signed by Former U.S. President Woodrow Wilson, who later wrote concerning the signing of the Act: “I am a most unhappy man. I have unwittingly ruined my country.”

So the Government counterfeits money? No! The Federal Reserve does. Folks, the Federal Reserve is no more federal than Federal Express; the name was given to confuse you. But it is a private bank, and the United States is indebted to them for TRILLIONS and TRILLIONS of dollars. Who has that kind of money? They hope that the average citizen does and the “sleight-of-hand” will continue as long as the money keeps flowing into the Government through the various taxes we pay. However, the U.S. Constitution - Article 1 Section 8 states “The Congress shall have Power To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; to provide for the Punishment of counterfeiting the Securities and current Coin of the United States.” Article 1 - The Legislative Branch Section 10 - Powers Prohibited of States says “No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts.”

So if only the Congress has the legal authority to coin gold and silver money, and regulate it, then why is the Federal Reserve printing paper notes to use as money, and charging the US taxpayer interest? Well that’s a great question, and I’ll let the quotes of some very powerful men of the past answer that.

  • Give me control of a nation's money and I care not who makes her laws.” Mayer Amschel Rothschild, Unofficial father of Central Banking
  • "All that it takes for the triumph of evil is that good men and women do nothing." Edmund Burke, Eighteenth century statesman and author
  • I place economy among the first and most important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt.” “If the people ever allow the banks to issue their currency, then by inflation and deflation, the banks and [bank-owned] corporations which will grow up around them, will deprive them of all property until their children will wake up homeless on the continent their fathers established.” “"The system of banking is a blot left in all our Constitutions, which, if not covered, will end in their destruction. I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity is but swindling futurity on a large scale. “The end of democracy and the defeat of the American Revolution will occur when government falls into the hands of the lending institutions and moneyed incorporations.” Former U.S. President Thomas Jefferson
  • Former U.S. President Andrew Jackson told the bankers, "You are a den of vipers and thieves. I intend to rout you out. And by eternal God, I will rout you out."
  • "The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying power of consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity." Former U.S. President Abraham Lincoln
  • The Federal Reserve Act should be repealed; and the Federal Reserve Banks — having violated their charters — should be liquidated immediately. Faithless government officers who have violated their oaths of office should be impeached and brought to trial.” Former U.S. Congressman Louis T. McFadden
  • Banking was conceived in iniquity and born in sin. If you want to continue to be slaves of the bankers and pay the cost of your slavery, then let the bankers continue to create money and control credit.” Sir Josiah Stamp, Former President of the Bank of England

It’s all about power (in their hands), control (over you and your family), and your money (in their pocket). We all need to think about the contents of this article. It was short but power-packed full of historical content. The life of any economy is its money, and if you let private interests control that, then you end up with chaos and the destruction of that economy. You may not think much about it today, but this system is not working for our benefit. We will pick this topic again in a future article. Re-read this information again and understand that this is very serious, even though they aren’t talking about it on the nightly news. Stay tuned!

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